Nigeria’s equities market resumed trading activities after the Eid-al-adha holidays bearish with losses on medium and large cap stocks, extending the losses of the previous last three sessions.
The All-Share Index of listed equities dipped further by 0.32 percent, representing a 167.16 absolute points to close at 51,390.25 from the 51,557.41 recorded at the end of business last week Wednesday.
Investors lost more than N90 billion on market capitalisation to close at N27,713 trillion lower than the N27,803 trillion of the previous week.
The trading session ended with 198,816 million units of shares exchanging hands in 4,769 deals.
The market sentiment was also negative with 25 losers relative to 11 gainers.
Multiverse was top on the losers’ list with a 10% loss on its share price to close at N1.89 followed by Redstar Express which lost 9.82% to close at N2.48k then Cutix Plc lost 8.33% to close at N2.20k.
CWG Plc on the other hand, led the gainers with a 10% gain on its share price to close at N0.88k.
Caverton followed with a 9.84% price gain to close at N1.34k followed by Academy Press with a 9.52% gain to close at N2.07k.
